This will really hurt Russians with 100M Mir cards in circulation accepted even by Aliexpress...
That's one way to shoot your own foot Visa/MC.
I, for one, welcome this, less dependence on Visa/MC, the better.
MasterCard suspends all services in Russia
311–320 of 384 posts
Re: MasterCard suspends all services in Russia
#312Earlier quoted context omitted.
[citation needed]? I only know that Binance and Kraken specifically spoken against blocking the country.
Great, they can ban Russians when forced to anyway? So much for no censorship on crypto tokens even a South Korean crypto exchange has done it. [0] We both know the writing is on the wall and crypto will end up being useless for Russian users. [0] https://cryptopotato.com/south-korean-crypto-exchanges-block...
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Re: MasterCard suspends all services in Russia
#313Earlier quoted context omitted.
Nazi Germany had no choice but continue war in 1939. The economy was close to collapse and food shortages were coming. Nazi concept of Lebensraum would require conquest to the east. I think with social media in that period, national socialism and communism could win in more countries.
Uhm. National socialism is fascism, not communism.
Both are form of socialism.
Re: MasterCard suspends all services in Russia
#314Earlier quoted context omitted.
>Western Union and Moneygram exists in Russia no? What aspect of 'sanctions' do you not understand? Edit: Oh, I read your other contributions in this thread and see you're just trolling. My mistake.
So you can’t do money transfers with Western Union in Russia? A source from you would be great rather than dismissing my claim with ‘sanctions’. You need to elaborate.
>A source from you would be great
Much like you sourced your claim that transferwise worked? No thanks, I'll save my time.
Re: MasterCard suspends all services in Russia
#315Re: MasterCard suspends all services in Russia
#316Earlier quoted context omitted.
I anticipate lots of gold moving physically over the next few months.
Unfortunately for Russia, if it does need to significantly dip into it's gold reserves it is likely to crash that market. I think China will get to negotiate a sweet discount to convert it to Yuan, if for no other reason than China seems to be the only place the gold can be laundered at the moment. I think I heard about $US 180bn worth?
I believe it could be the other way around, i.e. other countries paying in gold for Russia's natural gas to bypass sanctions. Iran has been able to sell petrol using the same method despite of the embargo.
Re: MasterCard suspends all services in Russia
#317I’m not pro crypto or pro Russia, but the fact that it’s so easy to lose ones freedom to transact[0] (regardless of the specific merits here) is troubling. [0] https://mobile.twitter.com/punk6529/status/14944446246304030...
It's funny how people here on HN are always on about "it's a solution looking for a problem", etc. And then others try explain the use-cases, and they just try to refute it with all kinds of stupid arguments.
Now it's pretty clear how crypto can have a use case (as some of us already knew and were hammering on about it for a long time).
So can we set a new baseline here, and agree that crypto has a use-case? Or are you anti-crypto people still as short sighted as before?
I think we made some progress here on HN, and some of the "anti-crypto" people are now moving into "not pro crypto" space.
Re: MasterCard suspends all services in Russia
#318Earlier quoted context omitted.
My colleague's brother in Ukraine has had his day to day life interrupted by Russians dropping bombs on the city.
What does this have to do with the post you replied to? Two wrongs don't make a right.
Ukrainians also fall into the "sad to see people that have nothing to do with this situation", even more so I would argue.
The sad truth is that Russians cannot escape their shared responsibility.
Re: MasterCard suspends all services in Russia
#319Earlier quoted context omitted.
So you can’t do money transfers with Western Union in Russia? A source from you would be great rather than dismissing my claim with ‘sanctions’. You need to elaborate.
>A source from you would be great Much like you sourced your claim that transferwise worked? No thanks, I'll save my time.
Good. Then I can dismiss your baseless claim then.
Re: MasterCard suspends all services in Russia
#320Earlier quoted context omitted.
No control over? Not with that attitude, I guess.
Disclaimer I'm not Russian but watching the roll out of the war, I am again fascinated by westerner's imagination of that an inidividual could achieve in a oppressive regime. People literally get arrested by holding a blank paper as a one-man demonstration on the street. People lose source of income and housing semi-permanently because of speaking out anything against the propaganda. The secret police can force mothe…
So you suggest we keep the economy of Russia going? That way the common Russians don't feel any consequences. Too bad we will all still fund the bombs that are dropping on Ukrainian houses and apartments.
Ukrainians can also end a lot of suffering by just agreeing with what Russia is requesting. It seems they decided not to.